This post may contain affiliate links which may compensate us based on your interaction. Please read the disclosures for more information.
The latest data from the Federal Reserve shows most generations are seeing rising incomes, but even those who aren’t are growing their net worth. mojo cp / Shutterstock.com
For many people, the pandemic felt financially disastrous — and while that suffering was real, new federal data shows some more positive parts of the picture. The Federal Reserve releases an analysis of family income and credit every three years, known as the Survey of Consumer Finances. The newest version, which accounts for inflation, covers a period spanning from 2019 to 2022.
More from my site
5 Great Mother’s Day Gifts You Can Find on Amazon
Credit Limit Increase Versus a New Credit Card: What’s the Right Choice?
Think Businesses Will Lower Their Prices Once Inflation Drops? Think Again
Don’t Start Investing in 2024 Until You’ve Done These Things
1 in 5 Investors Is in the Dark About Fees. Look Out for These in Your Brokerage Account
Ranked: The 9 Best Airlines for First Class
